“AN UNQUALIFIED FALSEHOOD.”
LLOYD-GEORGE AND THE BIRKBECK FAILURE. (Received ift, 9.45 a.m.) London, June 15. The Hon. Lloyd-George - quoted Birkbeck Bank accounts’ statements, showing that the greatest fall in investments occurred at the time of the Boer war, when the reserve was ample to cover every bit of scrip. Depreciation -was due more to the extension of trustee investments than to colonials. Mr. Lloyd-George concluding by stating that Birkbeck holdings show a grea- | ter depreciation from the eve of [ the Boer war to the end of the Unionist Government than since | 1909. The allegation that the failure was due to something occurring since 1909 was an unqualified falsehood. — , MENDACIOUS AND MEAN, f London, June 15. i The Hon. Lloyd-George in the I House of Commons said the Board of Trade had informed him the j Birkbeck Bank failure was due to J depreciation of the values of the securities held. Newspaper state- ' ments that the failure was in any ’ way attributable to the Liberal ! Government’s finance policy were I both mendacious and mean.
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Hawke's Bay Tribune, Volume I, Issue 154, 16 June 1911, Page 1
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173“AN UNQUALIFIED FALSEHOOD.” Hawke's Bay Tribune, Volume I, Issue 154, 16 June 1911, Page 1
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